SAESA’s Acquisition of AES Río Grande do Sul Power Plant


Tanoira Cassagne Abogados, Vieira Rezende and Veirano advised on the transaction

Argentine electricity and natural gas trader SAESA executed the acquisition of the Brazilian power plant Central Térmica Uruguaiana (CTU) from a unit of US-based AES.

The 640 MW plant is located in the southern state of Rio Grande do Sul.

In Argentina, Tanoira Cassagne Abogados advised SAESA with a team including Rafael Algorta (Picture), Humberto Linares, Leopoldo García-Mansilla and Clara Arias.

In Brazil, Vieira Rezende advised SAESA with Felipe Hanszmann and María Ramos Dias.

Veirano Advogados advised AES with Sergio Bronstein and Fernao Henrique Pio Rocha Moura de Castro.

Involved fees earner: Rafael José Algorta – Tanoira Cassagne; Clara Arias – Tanoira Cassagne; Leopoldo Garcia Mansilla – Tanoira Cassagne; Humberto Linares – Tanoira Cassagne; Sergio Bronstein – Veirano Advogados; Fernão Henrique Pio Rocha Moura de Castro – Veirano Advogados; Felipe Hanszmann – Vieira Rezende ; Maria Ramos Dias – Vieira Rezende ;

Law Firms: Tanoira Cassagne; Veirano Advogados; Vieira Rezende ;

Clients: AES Corporation; SAESA Energia;

Author: Ambrogio Visconti.